Real Assets
The plan also made two private markets commitments today.
The search will be opened to high-yield corporate debt, leveraged loans, securitized credit and convertible bond strategies.
The pension plan committed $200 million to real assets and real estate funds last week.
The pension plan introduced a 10% private markets target, which consists of one-third real estate/real assets, last year.
The retirement system approved a $60 million public real assets commitment in May.
The plan also terminated eight managers as part of a public equity implementation.
The retirement plan is screening for managers in the securitized credit, short-term investment grade and bank loan asset classes.
The plan also disclosed two new commitments.
The pension plan recently made $1.8 billion in total commitments across its dynamic strategies, private equity and real assets portfolios.
The pension system will hear recommendations to add infrastructure and drop commodities, among other changes, at this week’s board meeting.